“cetera. We also launched a finance to HR learning series where we partner with FP&A to train HR staff on P&L statements, cost modeling, in ROI calculations and just creating a different perspective of the conversations t...”
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“This is a good question. I believe strongly that HR executives, chief HR officers need to make the CFO their BFS. The partnership with the CFO is absolutely critical, and being able to actually engage in conversations sp...”
“compass that we have as HR, but at the same time, make sure that we're also focusing on items like ROI to the organization, the financial metrics, the P&Ls, which are also important to give us credibility to execute our...”
“Yeah, great question. Well, I think as an HR leader, we're usually focused on the people side, right? Like talent, culture, retention, all those things. But running a P&L, I think, has made me realize and actually feel t...”
“I don't present ideas if I can't somehow tell you what the cost savings would be and what it would cost in in terms of resources, time, and money. They're all resources, but making sure I can paint that picture and then...”
“an example of where you can take an HR line item or budget, in this case on the benefit side, which happens to be probably the largest line item within an HR budget, would be the budget benefits expense. And so we figure...”
“the business, right? And so, really what I've had to really think about is, okay, at the end of the day though, what I'm talking about, how does that impact either our ability to drive our business forward or our ability...”
“tool, We had to get people started. Data analytics came into play big time because we can use salary as a proxy. If you're paying somebody kind of entry-level wages, presumably they're entry-level. If you're paying someb...”
“asked the question about, is this the best place to spend the budget, or should we free it up and give it to another department? Or if I say, hey, we don't have the budget, but I think we should get the budget. Okay, coo...”
“perspective, it's that health expenses, healthcare expenses are one of our top expenses as a company. And we know that the later people go to the doctor for health events, the more likely it is that those health events w...”
“in decline, Has your CFO done a turnaround? And so you interview and you challenge the conversation on the outcomes you're looking for. We need to increase our EBITDA by X million. Talk to me about a time where you've sp...”
“It would be to learn more about finance. I think that's an area where I always feel like I have more to learn. I have, you know, I did have some quantitative background from my master's program. I was a TA. For that clas...”